Racheshwar Industries Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
as on 29-06-2024
- Paid Up Capital ₹ 9.53 M
as on 29-06-2024
- Company Age 18 Year, 2 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.80 Cr
as on 29-06-2024
- Satisfied Charges ₹ 59.80 Cr
as on 29-06-2024
- Revenue -20.00%
(FY 2023)
- Profit 101.92%
(FY 2023)
- Ebitda 134.75%
(FY 2023)
- Net Worth 13.76%
(FY 2023)
- Total Assets -29.72%
(FY 2023)
About Racheshwar Industries
The Corporate was formerly known as Ess Pee Industries (Gujarat) Limited. The Company is engaged in the Home & Lifestyle Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 9.53 M.
The company currently has active open charges totaling ₹23.80 Cr. The company has closed loans amounting to ₹59.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Sudrania, Gaurav Sudrania, and Niku Sudrania serve as directors at the Company.
- CIN/LLPIN
U17291GJ2006PLC049619
- Company No.
049619
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Dec 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Racheshwar Industries?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Sudrania  | Director | 01-Apr-2023 | Current |
| Gaurav Sudrania | Director | 08-Aug-2017 | Current |
| Niku Sudrania | Director | 01-Apr-2023 | Current |
Financial Performance of Racheshwar Industries.
Racheshwar Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20% decrease. The company also saw a substantial improvement in profitability, with a 101.92% increase in profit. The company's net worth Soared by an impressive increase of 13.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Racheshwar Industries?
In 2023, Racheshwar Industries had a promoter holding of 64.32% and a public holding of 35.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ess Pee LimitedActive 21 years 2 monthsSanjay Sudrania, Gaurav Sudrania and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 09 Feb 2021 | ₹4.90 Cr | Open |
Others Creation Date: 09 Feb 2021 | ₹5.00 Cr | Open |
Others Creation Date: 05 Oct 2016 | ₹13.90 Cr | Open |
How Many Employees Work at Racheshwar Industries?
Racheshwar Industries has a workforce of 22 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Racheshwar Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Racheshwar Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
